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Jan 26, 2013
01/13
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and then for barack obama's spending 50 million on his second inauguration, the times wrote, fund raising is lagging so far for inaugural plans. and lamenting the fact that in this economy, 50 million dollars was tough to raise. just an interesting point. next on news watch, hillary clinton serves it up and the press reacts. >> what difference at this point does it make? >> hillary clinton finally answers questions about the benghazi debacle delivering a powerful performance to convince lawmakers and the media to see it her way. did it work? find out next on news watch. power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help signi
and then for barack obama's spending 50 million on his second inauguration, the times wrote, fund raising is lagging so far for inaugural plans. and lamenting the fact that in this economy, 50 million dollars was tough to raise. just an interesting point. next on news watch, hillary clinton serves it up and the press reacts. >> what difference at this point does it make? >> hillary clinton finally answers questions about the benghazi debacle delivering a powerful performance to...
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Jan 31, 2013
01/13
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. >> and speaker of the house, john boehner saying that president obama told him we don't have a spending problem. really? former senator jim demint is here. if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yeast, we have the slowest recovery of any recovery in history. i spent last summer, going around my state, talking to small businesses, dozens of them. so it's very clear to me what's happening now. they were beginning to pull back because of the expected cost of obamacare, the dod-frank legislation, that was a federal takeover of our financial system is making it harder for businesses to get loans. you look at the expected tax increases, which businesses were trying to plan for, the uncertainty really goes back to the president's policies. it is not obstruction. i wish we had had more of it. the policies in place
. >> and speaker of the house, john boehner saying that president obama told him we don't have a spending problem. really? former senator jim demint is here. if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history....
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Jan 24, 2013
01/13
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he said, "fair share" like he got ahold of the talking point from obama. >> eric: if you break down his yearly, annual income of $60 million a year. he made $3.5 million the last year we have stats for. but he made $57 million on sponsors, on advertisers who spend money to make sure that he sells the product. if half the country is liberal and half the country is conservative, half the people buying the products are going to be liberal. and they probably took issue with what he had said. the advertisers saying listen, you are alienating half of our customer base. walk it back. do it quickly or risk losing advertisers. >> andrea: if you look at what governor brown wants to do. there is proposition 30, hike up taxes for those making more than $250,000. 60% tax break. william la jeunesse found out businesses and individuals not just mickelson are leaving in droves. this is a problem in new york, new jersey, connecticut. so there is no money to pay for the big welfare state. they need to retain him. >> dana: a i. cycle. he shouldn't take advantage of the platform and his ability to speak to
he said, "fair share" like he got ahold of the talking point from obama. >> eric: if you break down his yearly, annual income of $60 million a year. he made $3.5 million the last year we have stats for. but he made $57 million on sponsors, on advertisers who spend money to make sure that he sells the product. if half the country is liberal and half the country is conservative, half the people buying the products are going to be liberal. and they probably took issue with what he...
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Jan 30, 2013
01/13
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obama to make the case against it because it was barack obama's idea in the first place to have it. now democrats are sprinting from it. the reason is democrats thought republicans wouldn't be able to swallow the sddefense cuts. but they came to the conclusion, it is the only way to cut spending and the idea that we are going to transfer and get rid of the sequester and raise taxes. if any single republican voted for that, i would want them extracted from the party. it is the opposite of what we want. we had the biggest tax increase weeks ago. >> what is the president's position going to be? is he going to team up with harry reid and turn this into a tax hike xwbill? >> what we need to do is focus on the long-term deficit. i agree. you raised the point about the need to get together and come up with a deal and eliminate the deficit, that would be great. but cutting a massive, massive cut in spending. but it is a bad idea. but you have a month. okay. march 1st is the deadline. five 12th of the fiscal year is over. that takes $24 billion out of the equation. so you are going to talk i
obama to make the case against it because it was barack obama's idea in the first place to have it. now democrats are sprinting from it. the reason is democrats thought republicans wouldn't be able to swallow the sddefense cuts. but they came to the conclusion, it is the only way to cut spending and the idea that we are going to transfer and get rid of the sequester and raise taxes. if any single republican voted for that, i would want them extracted from the party. it is the opposite of what...
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Jan 24, 2013
01/13
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now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever was going to be made publicly available. >> that of course was secretary of state clinton today on capitol hill saying she had no role in susan rice's false talking points on the benghazi consulate attack. but will we ever find out why ambassador rice denied the terrorist attack and misled the public saying this on "meet the press." >> what happened in benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in cairo. >> and will we ever get a full answer on exactly what hap
now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where...
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Feb 1, 2013
02/13
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let's cut spending. let's reform entitlements. let's get the deficit down. big picture stuff that never really surfaced in the obama administration. >> it absolutely didn't. and again, perhaps that's a reason the council is going away. the recommendations that -- the big picture items that the council recommended were never really adopted by the obama administration, never pursued, despite the fact that these are people the president appointed and had significant business experience. and somebody again that would lend credibility to us as republicans and democrats in congress as a way to come together to get this country's economy moving. in my view, the situation has not changed. in fact, as we saw by the numbers you just reported, the lack of jobs, the slowing of the economy are still here, perhaps getting more evidence that things are going in the wrong direction, not the right direction. and all the more reason to have something to coalesce around the darn partisanship of washington, d.c. and the differences between congress. and i could say every time i
let's cut spending. let's reform entitlements. let's get the deficit down. big picture stuff that never really surfaced in the obama administration. >> it absolutely didn't. and again, perhaps that's a reason the council is going away. the recommendations that -- the big picture items that the council recommended were never really adopted by the obama administration, never pursued, despite the fact that these are people the president appointed and had significant business experience. and...
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Jan 27, 2013
01/13
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CNN
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capital, should be a no-brainer and it's ridiculous that it's contentious where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. he joins me next to discuss all things davos. ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-st
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capital, should be a no-brainer and it's ridiculous that it's contentious where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls....
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Jan 26, 2013
01/13
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CNN
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. ♪ my friends are al ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis,...
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Jan 29, 2013
01/13
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those six years that you spend running and then governing, it takes a lot out of even somebody as young as president obama. >> and if you need any reminding of how tough the job is, look no further than barack obama, all the times you have interviewed him from start to finish, his hair has turned white. people are blaming you. >> i don't think that's the case, piers. >> steve, it's been a pleasure talking to you. it was fantastic television just to see those two sitting there, taking questions, and i salute you. well done. >> thank you, piers. >> guns are squarely at the top of president obama's agenda tonight. 38 days after the tragedy at newtown, he and vice president joe biden met with police chiefs and sheriffs in cities across the country including utah, aurora, colorado, and oak creek, wisconsin. joining me three men who were at that meeting. charles ramsey, john edwards, and sheriff fitzgerald. welcome to you all. let me start with you, if i may, please, commissioner ramsey. what was your overview of how the meeting went? i suppose the key question is what do you collectively thi
those six years that you spend running and then governing, it takes a lot out of even somebody as young as president obama. >> and if you need any reminding of how tough the job is, look no further than barack obama, all the times you have interviewed him from start to finish, his hair has turned white. people are blaming you. >> i don't think that's the case, piers. >> steve, it's been a pleasure talking to you. it was fantastic television just to see those two sitting there,...
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Jan 28, 2013
01/13
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which obama will show up for the state of the union and more importantly the spending battle ahead? here to help us make sense of it buzz feed contributor, blake zeff. you have been writing a lot about this. i guess what i'm trying to make sense of right now is where obama is sort of strategically on this. two summers ago during the debt ceiling talks, there was signals of the white house to raise the eligible age of medicare like two months ago signals ago cpi change is good and then paul ryan saying i don't think there's anything and going to accept the sequester, you know which touches defense and not the social safety net at all and that's it. have we entered a new face and medicare and medicaid off the table? what do you think? >> i wouldn't be so sure. you're right the president is all over the map on this and yesterday there's an interview with him in "the new republic" and might have been code words and wanted the talk about judicious reforms to medicare and mart changes to social security and how he's willing to buck what he called i think the ideological wing of the party.
which obama will show up for the state of the union and more importantly the spending battle ahead? here to help us make sense of it buzz feed contributor, blake zeff. you have been writing a lot about this. i guess what i'm trying to make sense of right now is where obama is sort of strategically on this. two summers ago during the debt ceiling talks, there was signals of the white house to raise the eligible age of medicare like two months ago signals ago cpi change is good and then paul ryan...
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Jan 30, 2013
01/13
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the idea that discretionary spending's not too high, the idea that this government's not too big, the idea that the deficit isn't too large, this is not a fox news problem, this is a wash politician problem. i think they can try to find somebody tolls blame all they want to. she has to go back home and explain why she's failing to do her job. by the way, in the senate, which is not passed a budget for 3 years. >> you know what i don't understand is both the president calling out fox and senator landrieu calling out fox. and fox has the most viewers and it's the number-1 cable news, it's fully universed in a 300-million-plus country. but we have three or four million viewers a night at a given time. why -- why are they so terrified that they keep bringing up fox news? what is so -- what is the impact on them? >> i think that they are so used to having an elite media which protects them, that it drives them crazy to have somebody who stands up and tries to explore the facts. and i think they also believe they have a chance to brow-beat fox and to try to sort of shove fox in line to beha
the idea that discretionary spending's not too high, the idea that this government's not too big, the idea that the deficit isn't too large, this is not a fox news problem, this is a wash politician problem. i think they can try to find somebody tolls blame all they want to. she has to go back home and explain why she's failing to do her job. by the way, in the senate, which is not passed a budget for 3 years. >> you know what i don't understand is both the president calling out fox and...
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Jan 31, 2013
01/13
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spending cuts. but you know what? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester
spending cuts. but you know what? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all...
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Jan 29, 2013
01/13
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and obama tax rates coming and that's not good. but i just think the spending thing, you know, milton friedman taught us that's a tax cut. smaller government is effectively a tax cut. >> you measure the burden of government by spending, not by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great legs, is it time to get out of bonds? >> yes, some investors, larry, have to be in bonds, they're benchmarked, certain liquidity and credit restraints. they have to be in treasuries. as an individual investor, you'd want to stay away from bonds. and if you were a speculative investor, you'd want a short bonds. t
and obama tax rates coming and that's not good. but i just think the spending thing, you know, milton friedman taught us that's a tax cut. smaller government is effectively a tax cut. >> you measure the burden of government by spending, not by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down...
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Jan 27, 2013
01/13
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massive spending bills and obama care and the like. the only time we should have that kind of pork stuff is pass the flat tax otherwise ban them. >> rick, you had a piece a couple of months ago saying congress cannot operate without earmarks. >> it is interesting. i got on to a piece after a conversation with jack who got me think being it. before the moratorium went into affect. we had a much easier time getting things through congress. 15 billion before the moratorium on earmarks and it got people to vote for bimings. is it unpleasant? it kind of is. but steve said it is lubrication. >> emac, there is another thing. the kind of thing despite the law still on the hurricane sandy bill had pork in there. >> it is right . that doesn't equate thary - mark band has anything to do with grid lock. but the time and again. congress does the drink country gets the hang over. when they don't exert budgetary displinn. i don't see it. you can see in the appropriation's bills a lot pork spending. >> i will nolt say lubricate but does the grease the
massive spending bills and obama care and the like. the only time we should have that kind of pork stuff is pass the flat tax otherwise ban them. >> rick, you had a piece a couple of months ago saying congress cannot operate without earmarks. >> it is interesting. i got on to a piece after a conversation with jack who got me think being it. before the moratorium went into affect. we had a much easier time getting things through congress. 15 billion before the moratorium on earmarks...
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Jan 26, 2013
01/13
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and the spending they want to increase is gutted. and this is a kind of insane outcome that is the consequence of the gop's no tax budget. they could get a deal from the obama administration that would cut into medicare and social security and all of these other programs in ways liberals would hate. and republicans would find somewhat congenial, as long as they also agreed to raise taxes. and they don't even need to agree to raise tax rates, that has already been done. they just need to get rid of the loopholes, but they won't, this is a corner they backed themselves into having lost an election and being tied to this ridiculous tax pledge. they are so desperate for leverage, for a hostage, that they can actually shoot that they're willing to point the gun at their own head and threatening to point the trigger. coming up, virginia is for cheaters, at least when it comes to electoral votes. it is looking to be the place where you can take the electoral votes, seriously. and one thing in particular, we. [ rosa ] i'm rosa and i quit smo
and the spending they want to increase is gutted. and this is a kind of insane outcome that is the consequence of the gop's no tax budget. they could get a deal from the obama administration that would cut into medicare and social security and all of these other programs in ways liberals would hate. and republicans would find somewhat congenial, as long as they also agreed to raise taxes. and they don't even need to agree to raise tax rates, that has already been done. they just need to get rid...
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administration spending as a percentage of the base is gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee for appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the call to say this isn't what it would be so i understand what portion of it would be my point is is just this if your point is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one thousand nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty one nine hundred seventy the top tax rate was ninety one percent corporations are paying over thirty five percent of spending which of taxation which is what is driving out everything else when you're looking at you know the big three medicare medicaid social security don't take social those already biggest component of the first and only
administration spending as a percentage of the base is gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee for appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the call to say this isn't what it would be so i understand what portion of it would be my point is is just this if your point is that we're not doing enough on defense...
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Jan 28, 2013
01/13
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you had $1 trillion in tax increases with obama care. new tax increases at the beginning of this month. and now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what they're saying is, they want americans to pay more so washington can spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think that's necessary for growth and opportunity. we think it's necessary to make sure that our kids don't get this debt that they won't be able to handle if we keep going down the path we are on. >> but there are certainly those in the white house who would take issue with what you said or
you had $1 trillion in tax increases with obama care. new tax increases at the beginning of this month. and now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what they're saying is, they want americans to pay more so washington can spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make...
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Jan 25, 2013
01/13
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obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you count deferred revenue thing are actually a little bit better than that. a couple of highlights. windows, the windows group did better than expected at 5.8 billion in revenue. the business division did a little shy at 5.7. now jane wells has a little bit on starbucks, another big company. jane? >> reporter: john, shares have been up after hours. they were up over 3% at one point. starbucks reported its best holiday ever, best earnings per share ever at 57 cents. improving operator margins to 16.6%. stronger comp sales in the u.s. and china and
obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you...
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Jan 24, 2013
01/13
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but the fact is, if our primary legislative goals are to repeal and replace the health spending bill, to end the bailouts, cut spending and shrink the size and scope of government, the only way to do all of those things is to put someone in the white house who won't veto any of these things. >> after that, democrats worried republicans were trying to annihilate the democratic party, in part by trying to destroy unions, the most vivid example of that, wisconsin. the republican governor successfully pushed a bill that stripped collective bargaining rights for most public unions. ohio and michigan followed scott walker's lead with mixed success. and now it seems the tables have turned. now if you believe boehner, the democrats want to annihilate the gop. so the talkback question for you, do you agree with boehner? will obama try to annihilate the republican party? facebook.com/carolcnn, or tweet me @carolcnn. i'll be right back. neutrogena® rapid wrinkle repair has the fastest retinol formula. to visibly reduce fine lines and wrinkles in just one week. neutrogena®. >>> good morning. th
but the fact is, if our primary legislative goals are to repeal and replace the health spending bill, to end the bailouts, cut spending and shrink the size and scope of government, the only way to do all of those things is to put someone in the white house who won't veto any of these things. >> after that, democrats worried republicans were trying to annihilate the democratic party, in part by trying to destroy unions, the most vivid example of that, wisconsin. the republican governor...
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Jan 29, 2013
01/13
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>> yeah, you might remember hearing in the election that president obama was haollowing out the military, they were going to prevent the hundreds of millions of cuts that president obama was going to put in. these were not new cuts we were talking about. this is all about the sequester, which is a policy that paul ryan voted for as part of the budget control act. republicans from paul ryan to mitt romney all the way on down spent most of the election in 2012 arguing that the sequester would be a complete disaster, because of what it would do to the military. now they're saying, after they lost the election and after the retreat, that absolutely, they don't mind the sequester at all, it's no big deal, they're happy to let it happen if democrats don't move. in that way, it's become a somewhat transparent bluff, which doesn't mean the bluff won't be called and we won't have the sequester. one thing i should say about the sequester, it's bad policy. >> what do you think is going to happen? >> i don't think it will happen for very long. i think it might happen for a year or two. but i think i
>> yeah, you might remember hearing in the election that president obama was haollowing out the military, they were going to prevent the hundreds of millions of cuts that president obama was going to put in. these were not new cuts we were talking about. this is all about the sequester, which is a policy that paul ryan voted for as part of the budget control act. republicans from paul ryan to mitt romney all the way on down spent most of the election in 2012 arguing that the sequester...
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Jan 24, 2013
01/13
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it's humbling to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years i have been privileged to spend in the senate. that perspective will remain with me if confirm adas secretary, and i'm already excited about the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways, the greatest challenge to america's foreign policy will be in your hands, not mine. because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis and as a recovering member of the supercommittee, i am especially cognizant of the fact we can't be strong in the world unless we're strong at home. and the first priority of business which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the first priority
it's humbling to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years i have been privileged to spend in the senate. that perspective will remain with me if confirm adas secretary, and i'm already excited about the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world....
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Jan 31, 2013
01/13
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obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments that prioritize payments
obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they...
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Jan 27, 2013
01/13
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FBC
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under obama's watch? >> look, i agree with you. there is no recovery that we can measure here and you can point to how many people are out of work and lost their homes and on food stamps. we need to change our policy and invest and then you cash in. that's the way it works. we need to invest in america first. china is doing it. china's unemployment is 4.9 percent . ours is double that . china is investing with us. the money we pay to borrow for war. >> tracey. >> i believe we should invest but i don't want the government to do it. unemployment is up because of the uncertainty out of washington. companies don't want to expand. get the government out of the way, everything will get back to normal. >> tracey is right. you could see a temporarily sell off in the stock market. it is down from all-time highs because the market knows more medocre, the government will step in and fix and form the law interest rates and food stamps and unemployment checks. the market cheer its on >> free money. >> leave it there a
under obama's watch? >> look, i agree with you. there is no recovery that we can measure here and you can point to how many people are out of work and lost their homes and on food stamps. we need to change our policy and invest and then you cash in. that's the way it works. we need to invest in america first. china is doing it. china's unemployment is 4.9 percent . ours is double that . china is investing with us. the money we pay to borrow for war. >> tracey. >> i believe we...
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Jan 31, 2013
01/13
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they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this is the very last time anybody will talk about this number in washington right here. >> we're making history. >> right. >> rona, the, sequestration debate, armageddon, whatever you want to call it, has been tossed around in a variety of different fashions, especially on the right because initially it was seen -- we cannot do this. defense cuts disproportionately hurt the gop, and, yet, now there is sort of maybe the sense that they will let sec west rags go ahead. mr. boehner says he has significant republican support, including gop defense hawks, on the side of letting the gop work.
they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this...
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Jan 26, 2013
01/13
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CNNW
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and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered whether their partnership would implode in a public way. but they, instead, became trusted friends. >> reporter: barack obama and hillary clinton have faced questions together before. here in a 2008 presidential debate with cnn's wolf blitzer. >> i don't want to end the war, i want to end the mind set that got us into war in the first place. that's the kind of leadership i intend to provide as president of the united states. >> and, of course -- >> senator clinton, that's a clear swipe at you. >> really? >> back then, it was a very different relationship in the midst of an already bitter rivalry. >> while i
and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered...
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Jan 24, 2013
01/13
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CNN
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cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> don't you mock it? it works and it is doing a good job. >> we will have people tweet you and see what they feel about all of this but a lot of power players weighing in on whether or not there is greater risk he
cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests...
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Jan 29, 2013
01/13
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CNNW
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president obama has deported more persons than any prior president. so i think that going forward certainly there will be the emphasis on the enforcement side, but i think that obama will spend some political capital on the issue of how these 11 million undocumented aliens can become on the path to citizenship. >> and as someone who kns that process, who knows the complicated paperwork, who knows the frustration of waiting for the bureaucracy, do you think it can be done, you can have a path to earned citizenship, which somebody comes forward, gets first a green card, legal status and then in line for citizenship. can that be done in a way that is fair or as fair as possible in the sense that if there is someone who has been waiting legally, will the people already in this country actually go to the back of the line? that's what a lot of people suspect won't happen. >> well, the senate proposal and president obama have both said they will go to the back of the line. that line in some instances is years long for family reunification. it is one of the r
president obama has deported more persons than any prior president. so i think that going forward certainly there will be the emphasis on the enforcement side, but i think that obama will spend some political capital on the issue of how these 11 million undocumented aliens can become on the path to citizenship. >> and as someone who kns that process, who knows the complicated paperwork, who knows the frustration of waiting for the bureaucracy, do you think it can be done, you can have a...
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Jan 31, 2013
01/13
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MSNBCW
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on the eve of the start of his second term, president obama announced that he would spend this term at least in part on an issue commonly believed to be among the heaviest lifts in all of american politics. he said he would do something about gun violence. now the president can create certain changes by himself with his executive authority. he can make changes, not laws. he cannot change laws, but he can change things that the administration is responsible for itself. for big changes, though, for real reform, the president needs congress to pass new laws, and that's where the real political heavy lifting comes in. to do that political heavy lifting, the white house announced a new political strategy, or at least a new political tactic to try to get this done. the 2012 obama/biden reelection campaign would morph itself into an advocacy group, a powerful democratic grassroots activism machine. the old campaign would transfer to this new group its vast database of information about obama supporters, about voters. and then the new group would mobilize supporters to mobilize the president's
on the eve of the start of his second term, president obama announced that he would spend this term at least in part on an issue commonly believed to be among the heaviest lifts in all of american politics. he said he would do something about gun violence. now the president can create certain changes by himself with his executive authority. he can make changes, not laws. he cannot change laws, but he can change things that the administration is responsible for itself. for big changes, though,...